Monday, January 25, 2021 3:15:44 PM
George Sharp tweeted 3 times about this, they all show a .05 warrant price:
I don't know how I can make this any clearer for people to understand.
When $TSNP is $.46 $FORW's warrants are in the money to the tune of $.46/share
(500,000,000 x (.46 - .05)) / 440,324,346 FORW SHARES = .465
When $TSNP is $.38 $FORW's warrants are in the money to the tune of $.375/share
(500,000,000 x (.38 - .05)) / 440,324,346 FORW SHARES = .375
when $TSNP is $.19, $FORW is in the black on its warrants to the tune of $.159 per share
(500,000,000 x (.19 - .05)) / 440,324,346 FORW SHARES = .159
Shoutout to MikePgator for the above math.
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